Petrol Price Soars To N617 per Litre At NNPC Stations, Fears Of N700 per Litre Loom

 

 

The price of petrol has witnessed a significant surge, reaching approximately N617 per litre at fuel stations operated by the Nigerian National Petroleum Corporation (NNPC).

This increase comes as a surprise, and the exact reason behind it remains unknown.

Reports indicate that fuel stations that were previously selling petrol at N539 per litre have adjusted their prices to the new high of N617 per litre…CONTINUE READING

These sudden price adjustments have sparked speculations that petrol prices may escalate further, potentially hitting N700 per litre in the near future.

As of now, the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NDMPRA) has not issued any official statement or comment regarding this recent price hike.

The authorities’ response is eagerly awaited as Nigerians brace for potential implications on their daily lives and expenses.